Gazprom-Media Holding Boosts 2012 Revenue 11% to $1.7 BillionIlya Khrennikov
Gazprom-Media Holding, Russia’s largest media company, increased revenue 11 percent last year to 52.3 billion rubles ($1.7 billion), according to a statement on its website.
Net income rose 36 percent to 7.7 billion rubles, Gazprom-Media said. The company runs the NTV and TNT television channels, pay-TV operator NTV Plus, radio stations including Echo of Moscow and magazines including 7Days.
Gazprom-Media is controlled by Gazprombank, which is part-owned by Russia’s largest natural gas producer.